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Self-Storage Facility

North Austin Self Storage Portfolio

7525 Co Rd 110, Round Rock, TX 78665

Listing Price: $36,000,000

Cap Rate
4.72%
Occupancy
84.1%
Year Built
2011

Investment Overview

Marcus & Millichap is pleased to offer for sale a three-property self-storage portfolio located in Texas. The portfolio consists of CR 110 Self Storage, which is two locations less than a mile apart, and Pflugerville Self Storage just five miles away. The facilities combined feature 1,896 units totaling 488,442 net rentable square feet and are 89 percent physically occupied. All locations are fully secured with fencing, keypad gated entry, personalized access codes, on-site management offices, and 24-hour video surveillance.

The location of these facilities benefits from an extremely dense, rapidly growing, and affluent surrounding population. The population within a five-mile radius of all three locations has increased over 200 percent since the year 2000 and is expected to continue to grow over the next five years. All locations are easily accessible with highway access close by. This offers the facility great street frontage and high daily traffic counts.

The Round Rock, Texas Two Property Portfolio is being offered for $36 million or $73.70 per rentable square foot.

Investment Highlights

  • Three Class A Self-Storage Facilities
  • 488,442 Combined Net Rentable Square Feet | 1,896 Combined Total Units
  • Climate Controlled and Non-Climate Controlled Units
  • CR 110 Location Has Enclosed and Covered Parking
  • Stabilized Facilities: Combined Physical Occupancy of 89.60 Percent

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Self-Storage Facility

North Austin Self Storage Portfolio

Listing Price: $36,000,000

Cap Rate
4.72%
Occupancy
84.1%
Year Built
2011

Investment Highlights

  • Three Class A Self-Storage Facilities
  • 488,442 Combined Net Rentable Square Feet | 1,896 Combined Total Units
  • Climate Controlled and Non-Climate Controlled Units
  • CR 110 Location Has Enclosed and Covered Parking
  • Stabilized Facilities: Combined Physical Occupancy of 89.60 Percent

Investment Overview

Marcus & Millichap is pleased to offer for sale a three-property self-storage portfolio located in Texas. The portfolio consists of CR 110 Self Storage, which is two locations less than a mile apart, and Pflugerville Self Storage just five miles away. The facilities combined feature 1,896 units totaling 488,442 net rentable square feet and are 89 percent physically occupied. All locations are fully secured with fencing, keypad gated entry, personalized access codes, on-site management offices, and 24-hour video surveillance.

The location of these facilities benefits from an extremely dense, rapidly growing, and affluent surrounding population. The population within a five-mile radius of all three locations has increased over 200 percent since the year 2000 and is expected to continue to grow over the next five years. All locations are easily accessible with highway access close by. This offers the facility great street frontage and high daily traffic counts.

The Round Rock, Texas Two Property Portfolio is being offered for $36 million or $73.70 per rentable square foot.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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